Moody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providers

By: Kyle Wiggers

13 January 2025 at 07:25

Financial services firm Moody’s announced on Monday that it has agreed to acquire Cape Analytics, a geospatial AI startup, for an undisclosed sum. The deal, which is expected to close in Q1, subject to customary closing conditions, will give Moody’s access to Cape’s geospatial AI analytics technology for insurance underwriting. With the tech, Moody’s plans […]